Listing Details

Property Details

LOCATION! LOCATION! LOCATION! Highly desirable Rehoboth By The Sea neighborhood on infamous West Street! 107 steps to the beach, on the ocean block, and 5 houses to fun in the sand and surf!!!! Five weeks rented with $53,000.00 income booked as of February 5th! Expected income $100,000.00+ for the current summer season 2020. Please call listing agent with rents subject to a sale for an owner/occupied closing.Built in May of 2017, this tasteful, 7 bedroom, 5 full bath home has an open floor-plan, bright, with easy maintenance. One bedroom and full bath on the first level, as well as a full sized laundry room and pantry. Second level boasts 4 large bedrooms, 3 full baths, plus a bonus room opening onto a south facing large deck. Third level has 2 large bedrooms, with a large full bath and a shared common area. Walk-in closets and ample storage throughout! Three zoned A/C and heating, outdoor shower, and a large shed for gardening materials, bicycles, surfboards, and beach chairs. Parking for 7+ cars. Furniture conveys with the exception of wall decor and one leather sofa. Conventional financing available on the ground lease rental of 57 years remaining. Rehoboth By the Sea Realty, the land owner, will consider a land purchase. Please ask agent for details and contact information. This is a wonderful year round home, but is also an investors dream...summer rentals have begun and and currently the owner is getting $10,000. + a week in the high season. Four weeks rented with $42,400.00 income booked as of April 4th, weeks 7/11, 7/18, 7/25, and 8/8 Rented! Owner has gone through VRBO personally, not through a Rental Agency so can be cancelled/refunded to the tenant if the new buyer would not want to rent at all or less, although must be cancelled in enough time for renters to get something else. Please call listing agent with rents subject to a sale for an owner/occupied closing. Agent related to Owner.

This listing is based on data provided by Bright MLS. The listing information being provided on this website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some listings which appear for sale on this website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. The listing information displayed is deemed reliable but is not guaranteed.